Gold is 2025’s best performer. UBS sees more upside
Reaves Utility Income Fund stock reached a significant milestone, hitting a 52-week high of 39.0 USD, with a market capitalization of $3.4 billion. According to InvestingPro data, the fund offers an attractive 6.2% dividend yield and has maintained dividend payments for 22 consecutive years. This achievement underscores a strong performance over the past year, with the stock delivering an impressive 42.92% total return. The fund, known for its focus on utility investments and maintaining a low volatility profile with a beta of 0.8, has benefited from a favorable market environment, driving its stock price to this new peak. Investors have shown increased interest, reflecting confidence in the fund’s strategy and its ability to deliver consistent returns. InvestingPro analysis reveals 7 additional key insights about the fund’s performance and outlook.
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